Shares of Deere & Company (DE) are dipping as the company lowered its full-year profit forecast to $7 billion from a previous range of $7.50 billion to $7.75 billion. The US Dept. of Agriculture forecasts that 2024 net farm income will total $116.1 billion, a 25.5% year-over-year decline. Yahoo Finance Anchors Madison Mills and Seana Smith discuss a potential deterioration in the global agricultural space. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Seana Smith is a co-anchor for the 3-5pm slot on Yahoo Finance. Previously, she worked at Fox Business. Seana's articles cover a range of topics including finance, economics, investing, and market trends, with a particular focus on the impact of current events on the financial world.